Sensex Analysis Part II

Let's look at following charts, it should give us some idea about where is the market headed for next 6-12 months. In every chart below, top chart represents BSE Sensex (dark brown line) and bottom charts represents McClellan Summation Index (dark blue line). The thinner lines on both charts represent either MA (simple moving average) or EMA (exponential moving average).

If we want to follow a more simpler system then simply follow option "2" shown above.

Where to find this chart???Unfortunately, you cannot find both the charts above at any website. No website offers the charts we need for free. But not to worry, as we have created the charts in next section which is updated on daily basis after the market close, Simple eh!

If you are only going to follow Option "2" above to keep things simple then you may want to use below link for updated BSE Sensex Chart: